Monday, July 27, 2026

RUT, DJI, SPX Closed Higher...Breadth Strengthened...Earnings Week 3: META, MSFT, AAPL, AMZN to report...


© 2026


SPX +1.20, 7,413, opened and closed higher, formed an black candle pattern that closed slightly higher.  NDX closed just below seven-week support for a second day. 

META, MSFT, AAPL, AMZN report Wednesday and Thursday...

Breadth strengthened as advancers led on both the NYSE and the NASDAQ exchange.

SPX advancers: WDAY ADSK EXPE PLTR NOW CHTR DASH CPRT TYL CRM BKR.
SPX decliners: SNDK LITE CHRW TPL AMD NVDA FDXF TRGP LRCX FANG WMB.

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Day 9, Q2 Earnings season:
Tuesday BMO: AMT, BA, CARR CMS, CNC, CNP, DINO, DTE, ECL, GLW HLT HUBB INCY IQV, ITW, IVZ, KO, PCAR, PNR, PYPL, RCL, SHW, SPGI, TXT, UP, XYL, Tuesday AMC: ACGL, BXP, CSGP, EA EXE, EXR , F, FE, KLAC, MDLZ, NXPI, OMC, PPG, STX, SWKS, TER, V, VLTO, WM

Q2 First day reaction: +42%
Positive: BKR, SLB, DLR, VRSN, VZ, HCA, LMT, ALLE, URI, TMO, DGX, RTX, CSX, HON, ROP, NSC, UNP, TSCO, PKG, LVS, BX, HAS, MMM, GM, STLD, DPZ, TRV, ABT, JBHT, PLD CFG, USB, UNH, BLK, BNY, CTAS, MTB, PNC, MS, GS, JPM, BAC, = 42

Neutral: NEE, DECK, KMI, IBM, AVB, EQR, NDAQ, WST, MRSH, WRB, DHI, STT, CAG = 13

Negative: INTC, CHTR, NEM, EW, HIG, TSLA, TMUS, ROL, DOV, GOOGL, GL, CMCSA, LUV, HBAN, CCI, NOW, PCG, TXN NVR, SNA, FCX, AMP, DOW, RJF, DHR, MSCI, HAL, EFX, GPC, SCHW, NOC, SYF, KEY, ISRG, NFLX, RF, FITB, TFC, GE, UAL PGR, ELV, JNJ, C, WFC, FAST = 46
Bold is > +5% or -5%
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SK Hynix ADR, SKHY, closed 143.02, -7.47% on its twelfth trading day.  IPO was at 149.  SK Hynix is a profitable company with over $65 billion in revenues (larger than SPCX) and $28 billion in annual profit.  The ADR is speculative because as a new IPO it does not have a track record to evaluate.

SpaceX, SPCX, closed at 113.50, -1.36%. made a new low today.  Our view is that SPCX, with no earnings, is an overvalued speculation.  IPO at 135 on June 12. 

SPY +0.02%, below average volume of 41.4 million shares.
VIX +0.09, 18.58,
NDX -0.32% closed just below its June 9 support low, in its 7-week sideways consolidation.
DJI, 52,210 +0.51%, rose and closed above its 30 DMA.


Mega caps GOOGL, WMT, MSFT, AAPL, BRK/B, AVGO, LLY rose and META, AMZN, TSM, TSLA, MU, NVDA fell on Monday.


Up: IWM, DIA, SPY,
Down: QQQ,

The SPY MFC green line is down at 56.9, price-action closed at its July 8 ST support and is defensive. -1.8

Seven of eleven sectors were higher on Monday led by XLP, XLY and XLC 


65 of 100 NDX stocks closed higher on Monday.

48 NDX stocks are above their 30 DMA: EA, FAST, PCAR, CCEP, AMGN, CSX, KHC, ADP, MELI, PAYX, PYPL, REGN, CTAS, AAPL, GILD, PDD, FANG, INTU, NVDA, ROST, HON, ODFL, CEG, NVDA, EXC, XEL, ADSK, ROP, ADBE, BKNG, FAST, MDLZ, TRI, WDAY, ABNB, AXON. BKR, COST, CPRT, DASH, DDOG, DXCM, IDXX, MAR, MSFT, ORLY, PLTR, TTWO,

NDX Stocks to Watch on Tuesday
Moving Above 30 DMA = 14
ABNB, AXON. BKR, COST, CPRT, DASH, DDOG, DXCM, IDXX, MAR, MSFT, ORLY, PLTR, TTWO,


Moving Below 30 DMA = 2
AEP, PANW,



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